Mary Madden, president and chief executive of Hudson Valley Credit Union in Poughkeepsie, New York, has set a retirement date.
The $6.5 billion-asset credit union announced that Madden, who has been with the credit union since 1995 and became CEO in 2002, plans to step down next Jan. 2. The board of directors has not chosen a successor.
“Mary has always shared the board’s belief that nothing we achieve comes from just one person or group, but she has been instrumental in leading us all to such great heights … as she leaves the team to carry on, we know she has placed us on a firm path for future growth,” Nancy Kappler-Foster, chairman of Hudson Valley, said in a press release Friday.
Madden also held positions with organizations such as Central Hudson Gas and Electric, Nuvance Health and Hudson Valley Patterns for Progress.
“We will miss her leadership, but wish her all the very best as she moves on to what we know will be an equally impressive retirement … knowing Mary, she’s not slowing down any time soon,” Foster said in the release.
